{"data":{"id":"us-ak/as-40.17.120","jurisdiction":"us-ak","citation":"AS 40.17.120","heading":"Recording memorandum of lease.","body":"(a) Recording a memorandum of lease substantially complying with (b) of this section has the same effect as recording the lease.\n(b) A memorandum of lease is a document signed by the lessor and lessee and containing a reference to an unrecorded lease, sublease, or agreement to lease or sublease, and supplying at least the following information:\n(1) the names of the parties;\n(2) addresses of the parties set out in the lease;\n(3) the date of the lease;\n(4) a description of the real property leased or subleased;\n(5) the commencement and termination dates of the lease if fixed and, if not fixed, the method by which the dates are to be fixed; and\n(6) a statement of the conditions upon which a party may exercise a right to extend or renew the lease or to exercise a right to purchase or refuse to purchase the real property or part of it.","path":["Title 40. Public Records and Recorders.","Chapter 17. Recording of Documents."],"source_url":"https://www.akleg.gov/basis/statutes.asp#40.17.120","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:10Z","sha256":"4b48931c06a1fac0a6ec6f0b3501b68e05f3ab3c7133ccc7e36a73da777c8618","source_id":"us-ak","stale":false,"prev":"us-ak/as-40.17.110","next":"us-ak/as-40.17.125"},"notice":"GroundRules: Original legal text. Not legal advice."}
